Saturday, December 19, 2009

DocuNECT v4.2 Released

Portford Solutions announces the release of DocuNECT v4.2 which provide a platform for electronic docment capture and data extraction.

The new version brings with a number of new enhancements, including:

1) Updated Web Gui, included custom HTML pages to provide a more intuituve experience for the user.
2) Update Capture Lifecycle that include advanced capture rules for images and electronic documents.
3) Distributed indexing model. Now users can index documents directly from a link in a email which is ideal for multi-function devices.
4) Updated barcode recognition libraries.

To find out more about the new release then contact our sales department on sales@portfordsolutions.com.

Thursday, December 3, 2009

The Future of Information Governance

Information is the life blood of any modern-day business. Companies succeed or falter based on the reliability, availability, and security of their information. But are most companies properly governing how their information is used, shared, and analyzed? The Economist Intelligence Unit recently conducted a survey of senior executives around the world on the benefits, challenges, and risks associated with developing an enterprise-wide information governance strategy.

The information that companies are busily generating, collecting, and mining offers a wealth of potential benefits. However, its use carries substantial risks. As a result, some organizations are forming formal governance bodies to create strategies, policies, and procedures surrounding the distribution of information inside and outside the firm. This paper seeks to better understand how companies are creating crossfunctional governance bodies to create strategies and policies around corporate information.

Read the Report

Read the Press Release

Important Product Updates

The anticipated end of life for ApplicationXtender version 5.4x is December 31st, 2010. As mentioned in previous announcements, the end of life for ApplicationXtender version 5.3x was on June 30th 2009. The next update to ApplicationXtender will be version 6.5 instead of the previously announced version 6.0 Service Pack 1. Please make sure to contact Portford to make arrangements to upgrade and ensure uninterrupted support services. EMC and Portford have announced that the following software version will be available:

- ApplicationXtender v6.5 (release rescheduled for early 2010)
- Quickscan Pro v4.7 (Including Sharepoint Export - release rescheduled for early 2010)
- eInput v2.1
- Pixtools v8.3
- Input Accel 6.0 SP1 (now available)
- Documentum 6.5 SP2 (now available)
- Documentum CenterStage (limited release)
- Captiva CaptureFlow Designer for IA 6.0 SP1 (limited release)
- DocuNECT 4.2 (release scheduled 1/2010)

If you are unsure of what software version you are running or would like information about new products or upgrades please contact your dedicated account representative or email: dan.segura@portfordsolutions.com or visit www.portfordsupport.com.

SmartDigitalVault: Intelligence from Corporate Records

Creating Business
Strategic Legal Systems and Portford Solutions have combined IT and legal expertise to create the SmartDigitalVault (http://www.strategiclegalsystems.com/portford) for extracting critical business information from legal records and systematically organize it based on best practices for each business domain. The “smart,” secure repository finds the needed record and generates business reports from the extracted data.
As the “business logic” of the SmartDigitalVault, our SDV Solutions help customers to stay current with legal issues as they arise, while they strategically manage overall risks. For example, we offer targeted, solutions to manage information for these functional areas:

- Customer Contracts
- Vendor Contracts
- Properties and Facilities
- Human Resources
- Franchise Operations & Compliance
- Commercial Real Estate Workouts
- Corporate Governance
- Public Company Compliance
- Investor Relations
- Subsidiary Management
- Chief Financial Officer

The SmartDigitalVault is built on EMC Documentum's ApplicationXtender document management software and Portford Solution's award winning DocuNECT electronic capture platform. The SmartDigitalVault provides customers the legal expertise of a general counsel along with the technical expertise of a document management specialist all in a hosted solution.

For more information on the SmartDigitalVault, email Dan Segura @ dan.segura@portfordsolutions.com

DocuNECT for Credit Unions

Credit Unions were among the earliest adopters of Portford's DocuNECT software (formerly called Content Migration Server) due to the fact that they have complex requirements like major banks but are much more cost conscious. Like major banks, Credit Unions offer their members a wide range of products and services. Unlike major banks, however, Credit Unions are not for profit so the need to automate the capture and distribution of member documentation in the most cost effective way possible has made DocuNECT a perfect fit.

Based on the requirements of several AX Credit Union customers Portford developed strong integration capabilities with IMM, a company that produces a number of solutions for the banking industry (electronic forms, check 21, cash receipt solutions, etc). DocuNECT integrates with IMM software to provides seamless capture into ApplicationXtender.

DocuNECT can also help Credit Unions produce reports and member statements and archive them directly into ApplicationXtender. Some Credit Unions outsource the management of reports and statements. DocuNECT provides an flexible capture platform to capture these documents as PDFs which accurately represent the documents physically received by members. Other features such as the Virtual Print Driver and the AX recycle bin have been developed and refined based on the requirements of Credit Unions. It is fair to say that many of the features and capabilities in the DocuNECT capture platform for AX are direct results from working with our Credit Union partners.